The Kommertzbank of Tajikistan has been connected to the instant money transfer service through the Sberbank Online application.
Tajikistan’s Kommertzbank has signed a cooperation agreement with Sberbank (Russia). Within the frameworks of this cooperation, Kommertzbank has been connected to the system of instant transfer of money from Sberbank Online application to Kommertzbank’s Favri application.
The service is reportedly available in Sberbank Online’s section “Remittances to abroad.” While being transferred to the account of the Favri application, the remittance will be converted into the national currency, the somoni.
Headquartered in Dushanbe, The Kommertzbank of Tajikistan was established in October 2017. The bank reportedly provides a full range of banking services through its nationwide network, which covers many cities and districts of Tajikistan.
Sberbank (savings bank) is a state-owned Russian banking and financial services company headquartered in Moscow. The company was known as "Sberbank of Russia" until 2015. Sberbank has operations in several European and post-Soviet countries.
